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. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a
. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with...
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pile on the headline risk not only coming out of europe, but also with the fiscal cliff negotiations. the bottom line is it's going to be very difficult to maneuver in tight spaces, so widen it out. for us that means in the s&p we want to pie 1340 to 1320, and as the market gets up to the 1430 area and above, we want to reduce our equity exposure. in the dow call it 12,5 to 13,5. in the nasdaq 100, 2400 to 2800. liz: okay, hold on. let me just hold on the s&p because that's what we have here. 1320 to 1340 buy in when it hits there, and can then, of course, sell. >> right. liz: so this requires real involvement on behalf of the investor, doesn't it? >> well, i -- the point is, liz, we, as i said, you've got a lot of headline risk, a lot of back and forth with the news stories. the point is to be disciplined. map those levels out, and then don't get caught in between. so i think if 1340 to 1320's a great place to add to your equity exposure, and then as we get up to the 1430 area and above, you want to reduce your equity exposure, and don't get caught in between. liz: sorry, i interrupt
pile on the headline risk not only coming out of europe, but also with the fiscal cliff negotiations. the bottom line is it's going to be very difficult to maneuver in tight spaces, so widen it out. for us that means in the s&p we want to pie 1340 to 1320, and as the market gets up to the 1430 area and above, we want to reduce our equity exposure. in the dow call it 12,5 to 13,5. in the nasdaq 100, 2400 to 2800. liz: okay, hold on. let me just hold on the s&p because that's what we have...
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Dec 13, 2012
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but bernanke says the economy afeds more confidence now because of the uncertain fiscal cliff negotiations in unshington. and the harm from the fiscal cliff won't just happen in the enedre. bernanke said that's happening now. >> it's already affecting absiness investment and hiring decisions by creating uncertainty, or creating r:ssimism. ai saw what happened recently to consumer sentiment, which fell, tesumably in part because of concerns about the fiscal cliff. t reporter: the other main concern for the fed is inflation. but, scott, there's good news here. despite the trillions the fed eds pumped into economy, bernanke called the inflation tame, for now, projected 2%. elleelley: if the chairman of the fed is worried about the fiscal cliff there is nothing today that would have cheered ram up. a are less than two weeks away from the traditional prngressional holiday break, and noe republican speaker of the house and president obama seem no closer to a budget deal. as you know, if they don't come up with a spending compromise, most americans will see a hefty tax increase automatically on j
but bernanke says the economy afeds more confidence now because of the uncertain fiscal cliff negotiations in unshington. and the harm from the fiscal cliff won't just happen in the enedre. bernanke said that's happening now. >> it's already affecting absiness investment and hiring decisions by creating uncertainty, or creating r:ssimism. ai saw what happened recently to consumer sentiment, which fell, tesumably in part because of concerns about the fiscal cliff. t reporter: the other...
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this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 billion, which indicates there may have been concessions else where. a democratic source close to the white house tells nbc news the proposal included a permanent extension of the bush tax cuts. that is highly unlikely to fly, given the hard line the president has taken on tax rates and what he told barbara walters in an interview airing this friday on "20/20." >> taxes are going to go up one way or
this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue....
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Dec 6, 2012
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the foj kus is on washington as fiscal cliff negotiations continue. we will also get an update on the health of the labor market when the weekly jobless claims report comes out later this month. >>> by now you all know the siren logo. >> many of you will grab a cup of coffee this morning. starbucks ceo has sobering advice to offer on the looming fiscal cliff, that the consequences will be far worse than last year's debt ceiling fight when the u.s. credit rating was downgraded for the first time ever. his message to lawmakers, now is not the time to play politics. it's about doing right by the american people. >> i think if people would get in the room and leave their ego behind, and not be so skewed towards the party but be so sensitive to the lens of the american people, we will have an agreement. >> poppy harlow is joining us with more. we've been talking about how this will affect us. schultz says this goes way beyond our boarders. >> it's global. something that stuck with me talking to him about this, the people who need a deal most will be hurt t
the foj kus is on washington as fiscal cliff negotiations continue. we will also get an update on the health of the labor market when the weekly jobless claims report comes out later this month. >>> by now you all know the siren logo. >> many of you will grab a cup of coffee this morning. starbucks ceo has sobering advice to offer on the looming fiscal cliff, that the consequences will be far worse than last year's debt ceiling fight when the u.s. credit rating was downgraded for...
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cliff negotiations. no details of that meeting was released. >>> confirmed by her father, mexican singer banda was killed in a plane crash. she was 43. and a big winter storm is wreaking havoc across the midwest. it's the heaviest snowfall of the season. record snowfall of 10.2 inches was set at twin city, minnesota. there were more than 300 car accident in 24 hours. now back to more of "to catch a predator." >>> he's coming up right now slow. >> outside our hidden camera house here in petaluma, california, things are still getting backed up. one potential predator drives up, parks out front and sits there. meanwhile we spot another man across the street getting out of his car. he's been sitting there for several minutes. >> we believe jack, the stripper. >> usually when a visitor arrives, we know exactly who he is based on his photo and information in his chat log. but as we watch this man cross the street and head up our driveway, we realize we don't know which potential predator he is. our decoy invit
cliff negotiations. no details of that meeting was released. >>> confirmed by her father, mexican singer banda was killed in a plane crash. she was 43. and a big winter storm is wreaking havoc across the midwest. it's the heaviest snowfall of the season. record snowfall of 10.2 inches was set at twin city, minnesota. there were more than 300 car accident in 24 hours. now back to more of "to catch a predator." >>> he's coming up right now slow. >> outside our...
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Dec 7, 2012
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so that's why in the fiscal cliff negotiations it would be counterproductive if congress cut invest. >>> in education and job training to "reduce the deficit" in a way that would impact future economic growth. we've got to fix the workforce investment, the job training system in the united states to prepare people for the types of jobs that ceo has. >> you've been there, you've had to forge deals between warring constituencies. fiscal cliff. what would the solution be if you were handling it? >> i like the idea of the president, john boehner, the key players, getting together with no staff in the room. the second thing, they've got to be guided by a couple of things. number one, what is best for the nation? not my party, not my philosophy, not necessarily my politics. number two -- >> you'd like it one on one. >> editd' i'd like it one on on discuss specifics in a one on one way. second, they may agree there should be short-term steps and long-term steps, i think we can get there. the nation is counting on them doing something significant. >> saints/giants this weekend? >> i've got t
so that's why in the fiscal cliff negotiations it would be counterproductive if congress cut invest. >>> in education and job training to "reduce the deficit" in a way that would impact future economic growth. we've got to fix the workforce investment, the job training system in the united states to prepare people for the types of jobs that ceo has. >> you've been there, you've had to forge deals between warring constituencies. fiscal cliff. what would the solution be...
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cliff. >> how does it play into fiscal cliff negotiation? >> you would think it gives them a sobering sense of if we do the right thing, maybe the economy keeps growing, if we do the wrong thing, might tip the united states. some think even the possibility of another global recession. you would think it would be a motivation to get things done. if you listen to what's said publicly, see if they're working out a deal privately, there are staff level conversations but most of the big voices dug in. >> you had a fascinating interview with the head of the international monitoring fund, it will air sunday on "state of the union." let me play a clip. what happens in fiscal cliff negotiations in washington could have a huge impact around the world. >> there's still that degree of uncertainty that fuels doubt, that prevents investors, entrepreneurs, households from making decisions because they don't know what tomorrow will be. they know that a fix has been found for today but there is still work to be done tomorrow and day after tomorrow. so it wou
cliff. >> how does it play into fiscal cliff negotiation? >> you would think it gives them a sobering sense of if we do the right thing, maybe the economy keeps growing, if we do the wrong thing, might tip the united states. some think even the possibility of another global recession. you would think it would be a motivation to get things done. if you listen to what's said publicly, see if they're working out a deal privately, there are staff level conversations but most of the big...
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even in the debt ceiling debate or the fiscal cliff negotiations that neither side will give and they're both being unreasonable. and really not drilling down. the other thing they do is they really go back to newt gingrich and grover norquist. as you've talked about both these things, changing the culture of washington and making compromise impossible. >> here's something really naughty, i think in terms of policy. who can forget back in august not a million years ago when the romney pollster neil newhow said the following. we're not going to let our campaign be kick a at a timed by fact checkers. think about that. fact checkers meaning facts. >> right. >> i was on the show with you the other night. we talked about the quotes of the year. 47%. >> that's a good one. >> i thought this should be the top two of three. that showed their view towards reality. it was an arrogance that we can say whatever we want to say. and i think in years past, this is what's changed. campaigns would not be so brazen. if caught in a lie they maybe feel some shame. here's neil newhouse telling reporters that
even in the debt ceiling debate or the fiscal cliff negotiations that neither side will give and they're both being unreasonable. and really not drilling down. the other thing they do is they really go back to newt gingrich and grover norquist. as you've talked about both these things, changing the culture of washington and making compromise impossible. >> here's something really naughty, i think in terms of policy. who can forget back in august not a million years ago when the romney...
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cliff negotiations. the mortgage interest deduction. government spending on this will reach $100 million by 2014, making it the third largest tax break on the books. who does it help? 41 million people. the most recent irs data showed that 41 million people claimed this deduction on their 2010 tax returns. the tax policy center says it tends to benefit upper middle class families the most. these bars show income in the circles the average savings. for those with incomes of less than $40,000 a year, their savings is $91, look at the people who make $250,000 and more. their average savings is about $5500. this benefits people most on both coasts and cities like chicago, with higher property prices, and we watch the fiscal cliff negotiations closely for what could happen next to this tax goody next year. >> here's the question i'm hearing people ask, if we go off the cliff here, how big a hit will we take on taxs? stand by, because i'm about to give you the closest answer i possibly can. to help me with tha
cliff negotiations. the mortgage interest deduction. government spending on this will reach $100 million by 2014, making it the third largest tax break on the books. who does it help? 41 million people. the most recent irs data showed that 41 million people claimed this deduction on their 2010 tax returns. the tax policy center says it tends to benefit upper middle class families the most. these bars show income in the circles the average savings. for those with incomes of less than $40,000 a...
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cliff negotiations. but now we want to open up the phones. and if you have questions for mr. goldfarb about the so-called fiscal cliff negotiations and tax issues, the numbers are up on the screen. 202-5853. and of course you can also contact us via social media. we'll pull put up those addresses as well. and you can send an email to journal@c-span.org. now, we have this tweet for you, mr. goldfarb. guest: i think dozens of them are for businesses and i don't knowify want to describe them as -- know if i want to describe them as corporate welfare, but as was mentioned, the research and development tax credit, the tax credits to motorsports complexes, otherwise known as nascar tax break, there are tax breaks for retailers, for restaurants, for railroads. the list goes on. so a lot of them are for businesses. host: independence day tweets in -- guest: i'm not exactly sure who is responsible for that provision originally. but it's not very expensive. that's one of the reasons why something like that will ke
cliff negotiations. but now we want to open up the phones. and if you have questions for mr. goldfarb about the so-called fiscal cliff negotiations and tax issues, the numbers are up on the screen. 202-5853. and of course you can also contact us via social media. we'll pull put up those addresses as well. and you can send an email to journal@c-span.org. now, we have this tweet for you, mr. goldfarb. guest: i think dozens of them are for businesses and i don't knowify want to describe them as --...
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we begin this morning with new urgency in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking committee, said his party should consider the president's position on raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate's in the democrats' hands. a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and giv
we begin this morning with new urgency in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only...
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cliff negotiations. last night "snl" revealed the real reason the president decided to talk to boehner one-on-one. take a look. >> in order to get the support of the speaker, i agree there would be no tax increases. i repeat, zero tax increases. now why would i do that? i mean, i won the election. i have the leverage. why give in? well, simply put, i felt sorry for this man. early this week i found my way into the congressional cafeteria and what do i see? john boehner sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because, well, tell them why -- >> they had taken my milk and grown it in the garbage. >> they took it and lieu it in the garbage. i was so heartbroken to hear this, i said, look, how about this, john. if you agree to a 1% raise on the top two americans, just two people, i will dissolve social security. dissolve it. so he took it to the republicans in congress and what do they do? >> invited me to a pizza part
cliff negotiations. last night "snl" revealed the real reason the president decided to talk to boehner one-on-one. take a look. >> in order to get the support of the speaker, i agree there would be no tax increases. i repeat, zero tax increases. now why would i do that? i mean, i won the election. i have the leverage. why give in? well, simply put, i felt sorry for this man. early this week i found my way into the congressional cafeteria and what do i see? john boehner sitting...
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>>> there are new development in the fiscal cliff negotiations. cnn has just learned that house republican leaders have sent the white house a counteroffer on tax and entitlement reform. let's bring in our capitol hill senior correspondent dana bash who's got the details. what have we learned? >> we learned that, as you said, the republicans have sent to the white house an offer that they describe as something that is significant with regard to tax and entitlement reform. of course, those are the two tranches that we're talking about here. they are being very -- holding their cards very close to the vest in terms of what specifics these are but apparently it's a counteroffer to something the white house sent to them yesterday. we don't know the details. this is good news for both sides. republicans saying earlier that the white house has to give them more spending cuts. but this is really key because the first thing they have to do, wolf, is get those top line numbers. they are not talking specifics, what kind of tax rates, how much to do. they ar
>>> there are new development in the fiscal cliff negotiations. cnn has just learned that house republican leaders have sent the white house a counteroffer on tax and entitlement reform. let's bring in our capitol hill senior correspondent dana bash who's got the details. what have we learned? >> we learned that, as you said, the republicans have sent to the white house an offer that they describe as something that is significant with regard to tax and entitlement reform. of...
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cliff negotiations in washington is our colleague and friend ruth marcus from "the washington post." columnist for "the washington post." ruth, this whole issue in the midwest, this used to be most likely in the southern states, but this really is moving, and we're seeing a real decline in union household membership about half what it was 40 years ago. it used to be 24%. now it's 11.8%. >> unions are reeling, and the more states that enact measures like this, the more unions will be reeling. their penetration, the private sector is something like 7% of the private sector work force is unionized, and i have to say -- i don't use words like this very often, i thought some of the governor's comments were kind of orwelian to suggest this was a pro-worker move. it's clearly a move that may help businesses, but what a kick in the teeth to autoworkers unions, who as you correctly point d out, gave a lot back to help the auto industry get back on its feet, the notion that we had to do this now with this lame-duck session because they raised it in some other proposition is bizarre to me, and
cliff negotiations in washington is our colleague and friend ruth marcus from "the washington post." columnist for "the washington post." ruth, this whole issue in the midwest, this used to be most likely in the southern states, but this really is moving, and we're seeing a real decline in union household membership about half what it was 40 years ago. it used to be 24%. now it's 11.8%. >> unions are reeling, and the more states that enact measures like this, the more...
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fiscal cliff. good morning again, everybody. i'm becky quick. here is what we know right now. the pace of private talks picking up speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good
fiscal cliff. good morning again, everybody. i'm becky quick. here is what we know right now. the pace of private talks picking up speed as we now have just 20 days left. however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime,...
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on the negotiations on the fiscal cliff. obviously optimism is running high right now. we're up five days in a row now on the dow jones industrial average. as far as what the markets are doing, we're being led today by tech stocks. apple is having a decent day although it still doesn't have a trading range. at least not in my opinion. it's trying to trade between 500 and $600. i don't know which way it's going to go. texas instruments having a very good day. rauzed their fourth quarter outlook. they're getting out of the mobile chip market. altera is okay. two sectors having a big day. defense stocks, number one. who would have thought? what sequestration worries are there? this is a historic high. the philadelphia defense index, the main index everyone watches in defense stocks, historic high today. all the big name defense stocks are to the upside. raytheon, northrop, rockwell. all are up and outperforming the market this month. who would have thunk it? say what you will. these stocks are having big worries on sequestration. put up my two main points and i'll tell you
on the negotiations on the fiscal cliff. obviously optimism is running high right now. we're up five days in a row now on the dow jones industrial average. as far as what the markets are doing, we're being led today by tech stocks. apple is having a decent day although it still doesn't have a trading range. at least not in my opinion. it's trying to trade between 500 and $600. i don't know which way it's going to go. texas instruments having a very good day. rauzed their fourth quarter outlook....
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is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think this is what's going to happen. i think it's 50-50 we get a deal. no vacation. no legislation, no vacation. i think that when people get their paycheck at the end of january, they are going to be shocked at how much lower it is. i know these guys in washington, their paycheck isn't affected. i think when you get your paycheck, you're going to say i hate that. it is going to be that big. it's going to be very -- the takeout is going to be
is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a...
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. >> let's get to our guest host for more on the fiscal cliff negotiations. joining us now for the rest of the show, senator john thune, chairman of the senate republican kovrns conference. a member of the budget, commerce and finance committees and the third ranking republican in the senate. and, tall, great suit. you're like 6'2", aren't you? 6'1"? >> actually more like 6'4". you're sitting down. >> i'm sitting down. didn't want to give you credit for those extra -- anyway. you cut -- i like the cut of this man's jib. anyway, senator, you have made the point that the debt ceiling is another place where the gop might have some leverage. you heard senator corker. does that speak to you? does that make sense to you to give on the 2%, and then use the debt ceiling to really extract some entitlement cuts? >> ideally, joe, i think what we'd like to see is a deal right now that includes a restructuring entitlement programs. that's what drives federal spending. we can't solve this on the revenue side. and, you know, we've got colleagues right now that are san diego
. >> let's get to our guest host for more on the fiscal cliff negotiations. joining us now for the rest of the show, senator john thune, chairman of the senate republican kovrns conference. a member of the budget, commerce and finance committees and the third ranking republican in the senate. and, tall, great suit. you're like 6'2", aren't you? 6'1"? >> actually more like 6'4". you're sitting down. >> i'm sitting down. didn't want to give you credit for those...
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for an agent, call the number that appears on your screen. >>> so how do you make the fiscal cliff negotiations funny? let's check in to see what some of the late-night comics are saying. >> you know, it's a special time of the year. we've been looking forward to it for months now. everywhere you go you can see the twinkle in little children's eyes because they know in a few short weeks the fiscal cliff is coming to town. ma merry cliff-mas. jim? >> the president is asking for $1.6 trillion. >> entitlement reform. >> discretionary spending. [ applause [ applause ] >> i'm back. what happened? >> they are still trying to reach a resolution in the fiscal cliff talks. it's getting a little heated between president obama and speaker boehner. take a look at what they've been saying to each other. yesterday obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week. it's not that tough. boehner then responded saying, quote, i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own. obama respon
for an agent, call the number that appears on your screen. >>> so how do you make the fiscal cliff negotiations funny? let's check in to see what some of the late-night comics are saying. >> you know, it's a special time of the year. we've been looking forward to it for months now. everywhere you go you can see the twinkle in little children's eyes because they know in a few short weeks the fiscal cliff is coming to town. ma merry cliff-mas. jim? >> the president is asking...
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cliff negotiations are showing progress. he says he will *not back down on his stance that the wealthiest americans should pay more in taxes. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks and then we're asking students to pay higher >>pam: meanwhile, republicans are standing by a proposal that doesn't include an increase if no deal is reached, we could see a major increase in taxes, and severe spending cuts. >> living in the u.s. month. software company founder john mcafee said sunday that he wants to return to the united states in order to settle down and lead a normal life. the former software designer is currently in guatemala requesting political asylum. >> let me be clear, that i had absolutely nothing to do with the murder of my neighbor. our intent is to return to the u.s. and try to salvage a normal life under the circumstances. >>pam: he is being held in a detention center while he fights a government order that he be returned to belize. a j
cliff negotiations are showing progress. he says he will *not back down on his stance that the wealthiest americans should pay more in taxes. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks and then we're asking students to pay higher >>pam: meanwhile, republicans are standing by a proposal that doesn't include an increase if no deal is reached, we could see a major increase in taxes, and severe spending cuts....
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speaker boehner commenting earlier this hour about the fiscal cliff negotiations. let's listen. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and as planned, does not begin to solve our debt crisis. it actually increases spending. >> joined now by an incoming member of the senate, jeff flake, representing arizona's sixth district. good morning. glad to have you. >> thanks for having me on. >> awfully tough to get a read this morning. a lot of the public commentary has been critical, as you know. but we are seeing signs that at least the talks are progressing. we've got counteroffers going back and forth. are you more or less optimistic than you were, say, last week? >> i've gone back and forth week to week. thinking we'll get a deal. then we won't. today, i think it's probably just better than 50/50 that we get a deal. it likely won't be until after christmas. >> yeah, the calendar -- that seems to be the issue right now. you're running out of time to get it done this year. >> it looks like it
speaker boehner commenting earlier this hour about the fiscal cliff negotiations. let's listen. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and as planned, does not begin to solve our debt crisis. it actually increases spending. >> joined now by an incoming member of the senate, jeff flake, representing arizona's sixth district. good morning. glad to have you. >> thanks for having me on. >>...
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our next guest explains how the presidential campaign has undermined the fiscal cliff negotiations. we're back in a moment. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>> welcome back to "morning joe" on this wednesday morning. still a little chilly. no big storms in sight at least this week. i'll explain in a second. first things first. windchills, a little ch
our next guest explains how the presidential campaign has undermined the fiscal cliff negotiations. we're back in a moment. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong...
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Dec 11, 2012
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what do you think of the fiscal cliff negotiations? he was asked. i think they'll work everything out in time for christmas. 76 million hits later. take a look at these two. >> love the cowlick. >> my pacifier. >> my pacifier. >> that's a fun game. >> aw. >> i mean, that is hours of entertainment. i mean, it really is. and remember them? this is the dad who strummed his guitar for his kids. [ laughter ] i had so many people ask us if this was cgi. unmanipulated video. it is pure here. "play of the day." i love these. i love all of you. you can vote for your favorite "play of the day," right now on goodmorningamerica.com on yahoo! the winners will be revealed next week. we'll have more on "gma" live and on yahoo! >>> coming up, inhaling your food. what could go wrong? there's a new ladies' man in town, and he knows to shop at walgreens during the holidays. we have great gifts at great prices, online and in the store. so you're sure to find something for that special someone -- even if you have several special someones. shop walgreens for great gifts,
what do you think of the fiscal cliff negotiations? he was asked. i think they'll work everything out in time for christmas. 76 million hits later. take a look at these two. >> love the cowlick. >> my pacifier. >> my pacifier. >> that's a fun game. >> aw. >> i mean, that is hours of entertainment. i mean, it really is. and remember them? this is the dad who strummed his guitar for his kids. [ laughter ] i had so many people ask us if this was cgi....
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Dec 13, 2012
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el are, the fiscal cliff negotiations have been discounted by the market. and there seems to away great deal of optimism in the market that congress will come to a deal. so the outlook for 2013 is actually quite good, particularly after the fed's speech yesterday, the chairman's speech about holding interest rates very low until mid 2013. tying them into the unemployment rates and low inflation. really, it looks like equities are a good place to be because we're in a situation of financial repression where interest rates are going to be held low for at least another three years. >> kevin, let's talk a little bit about that fomc meeting. what's the market response to this idea of tieing the fed's response to the unemployment rate and inflation? >> well, a couple of quick moves because that the curve steepened. and, in fact, bond investors exited the market rather aggressively after a long holding period. so i think that overall, ta kind of structure will work well in 2013. but in the near term, the initial reaction on that change basis looks like they don't
el are, the fiscal cliff negotiations have been discounted by the market. and there seems to away great deal of optimism in the market that congress will come to a deal. so the outlook for 2013 is actually quite good, particularly after the fed's speech yesterday, the chairman's speech about holding interest rates very low until mid 2013. tying them into the unemployment rates and low inflation. really, it looks like equities are a good place to be because we're in a situation of financial...
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still ahead on "starting point" a little movement on the fiscal cliff with new proposals on the table from both sides. going to talk about that. some conservatives say they think boehner should step away from the negotiating table. we'll talk to tennessee congresswoman marcia blackburn about that. >>> a viewer writes to a black meteorologist saying she needs to grow hair or wear a wig. it's not something i think looks good on tv so she responded on facebook very nicely said something at the end "have a nice day," got her fired. we'll talk about her story, when we return, in just a moment. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world u
still ahead on "starting point" a little movement on the fiscal cliff with new proposals on the table from both sides. going to talk about that. some conservatives say they think boehner should step away from the negotiating table. we'll talk to tennessee congresswoman marcia blackburn about that. >>> a viewer writes to a black meteorologist saying she needs to grow hair or wear a wig. it's not something i think looks good on tv so she responded on facebook very nicely said...
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cliff negotiations. one expressed dismay today at the climate of secrecy surrounding the talks. listen if you would to senator jay rockefeller of west virginia. >> i get nervous when two people disappear into a white house room and start making a grand alliance and they think, well, we're going to do this to the rich and that to the poor, so we'll make that a trade-off. and like tom harkin says, that is unmoral. you cannot do it. >> so for now, let's just say no budget deal come the first of the year. you know what happens. income taxes go up, and under terms of the debt agreement reached last year, government spending would slow. this is the so-called fiscal cliff. now, it is clear what higher taxes would do. but what about budget cuts? who would that affect? a lot of folks including several million unemployed workers. watch this story with me from cnn's kyung lah. >> reporter: she doesn't call it a fiscal cliff. what she could be facing at year's end is a financial free fall. >> i don't know. i just wi
cliff negotiations. one expressed dismay today at the climate of secrecy surrounding the talks. listen if you would to senator jay rockefeller of west virginia. >> i get nervous when two people disappear into a white house room and start making a grand alliance and they think, well, we're going to do this to the rich and that to the poor, so we'll make that a trade-off. and like tom harkin says, that is unmoral. you cannot do it. >> so for now, let's just say no budget deal come the...
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. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the debt and the deficit. however, yesterday, he finally revealed that that is not really is true intent. by demanding the power to raise the debt limit w
. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not...
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fiscal cliff negotiations. house speaker john boehner and the white house traded a second round of proposals yesterday on the budget cus that begin to take effect in january of 2013. this is nearly half an hour. >> good morning, everyone. i'm really proud to stand here today with the house republicans and my colleagues to tell a very important story and it's a story of hard working americans and their families. and let me tell you there's no story that is more powerful. the story of all americans, it's the story of moms an dads, husbands and wives, grandparents that work hard and sacrifice, so that they can leave a better america to their children and their grandchildren. and as the debate is looming over the fiscal cliff, we stand here to fight for those hard working americans and their families. because as the federal government grows larger and larger, the middle class is squeezed more and more. and as i -- i'm a mom. i have two kids. when my daughter was born two years ago, her share of the national debt wa
fiscal cliff negotiations. house speaker john boehner and the white house traded a second round of proposals yesterday on the budget cus that begin to take effect in january of 2013. this is nearly half an hour. >> good morning, everyone. i'm really proud to stand here today with the house republicans and my colleagues to tell a very important story and it's a story of hard working americans and their families. and let me tell you there's no story that is more powerful. the story of all...
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Dec 8, 2012
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and that leads you back to the negotiations over the fiscal cliff. and i think this raises the pressure to get a deal done. that's important. and the part of the deal that is actually not being talked about, but which will be central, is the spending side. the sequester is a very bad policy. both sides agree it needs to go away. they have to figure out how. and the tax side has to be matched by entitlement reforms, and you can pick 37 if you have the right entitlement reforms, but only 36 if you have less and you could get 38 if you have more. there's a lot of work left to be done. >> let's talk about that, robert. on the spending side. do you think that there's any way the democrats get out of this over the next 18 or 24 months without really addressing spending and probably annoying a lot of their base in the process? >> well, the president has already put a lot of spending cuts on the table. let me partially agree with doug. the employment report today was, although it looked pretty encouraging if you look at the numbers underneath the numbers, it
and that leads you back to the negotiations over the fiscal cliff. and i think this raises the pressure to get a deal done. that's important. and the part of the deal that is actually not being talked about, but which will be central, is the spending side. the sequester is a very bad policy. both sides agree it needs to go away. they have to figure out how. and the tax side has to be matched by entitlement reforms, and you can pick 37 if you have the right entitlement reforms, but only 36 if...
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eastern time. >>> in the latest in the fiscal cliff negotiations treasury secretary tim geithner not mincing words in his interview with steve liesman. there was tough talk that came out of this. i was surprised. >> i was, too. couple different interpretations from tim geithner that the white house would go over the cliff unless there's a tax hike on the wealthy, those making more than $250,000. here's the quote people are talking about. i want to understand the administration's position when it comes to raising taxing on the wealthy, those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff in. >> absolutely. there's no prospect to an agreement that doesn't involve the rates going up on the top 2% of the wealthiest, remember it's only 2%. >> on the one hand senator orin hatch called "one of the most stunning and irresponsible statements" he's heard in some time. he says it will put jobs and people's paychecks and retirement at risk. what geithner was state the administration's existing position but just in harshe
eastern time. >>> in the latest in the fiscal cliff negotiations treasury secretary tim geithner not mincing words in his interview with steve liesman. there was tough talk that came out of this. i was surprised. >> i was, too. couple different interpretations from tim geithner that the white house would go over the cliff unless there's a tax hike on the wealthy, those making more than $250,000. here's the quote people are talking about. i want to understand the administration's...
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and he has been very involved in the fiscal cliff negotiations. and before he was a center, but before he was a senator, he was the governor of virginia. and steve case, chairman of the case foundation, a co-founder of america online, a rabbit twitterer -- and i feel like i know every detail of your life, steve, had a relentless proponent on entreneurship. each panelists get sick 5-7 minutes -- each panelist gets a five-seven minutes to discuss the topic, and we will have a conversation, and then we will open that up to you and hopefully get to all of your comments and questions. if we will start with president sullivan. >> thank you. i am delighted to be here this evening because the topic is important panelists are interesting, but also because this conference recognizes mort kaplan, a great benefactor of uva, and i am pleased to have the opportunity to speak on behalf of tonight. we're talking about immigration policy and the ability to extract high skilled immigrants. especially scientists, engineers, business people who contribute to innovati
and he has been very involved in the fiscal cliff negotiations. and before he was a center, but before he was a senator, he was the governor of virginia. and steve case, chairman of the case foundation, a co-founder of america online, a rabbit twitterer -- and i feel like i know every detail of your life, steve, had a relentless proponent on entreneurship. each panelists get sick 5-7 minutes -- each panelist gets a five-seven minutes to discuss the topic, and we will have a conversation, and...
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what does he think about republicans negotiating with president obama on the fiscal cliff? like a lot of other things, it all comes down to socialism. here's what he told radio host mark levin. >> i think this whole thing about having negotiations with president obama is silly. president obama is a marxist, socialist, rigid ied lo log. and for whatever reason he believes he had some self conceico self-conceived mandate to go out and further destroy and ruin our economy. >> if you have any lingers nostalgia, that should kill it. patrick murphy somehow cheated to win the race, supposedly. >> the most important thing everyone has to understand is my voice is not going to be lost. we've gotten a lot of opportunities, a lot of offers and we're going to make sure that we have continue to have that platform. i'm not going away just because of a congressional race where he seems to have had to cheat to beat me. >> following the show, the west campaign spent about $18 million for the election, more than quadruple, four times, what his opponent spent and then beat him. finally, an as
what does he think about republicans negotiating with president obama on the fiscal cliff? like a lot of other things, it all comes down to socialism. here's what he told radio host mark levin. >> i think this whole thing about having negotiations with president obama is silly. president obama is a marxist, socialist, rigid ied lo log. and for whatever reason he believes he had some self conceico self-conceived mandate to go out and further destroy and ruin our economy. >> if you...
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on so-called fiscal cliff. he's been with the president and the speaker on the bargaining table. some republicans are continuing to push back against president obama's red line. tax increases for the most wealthy. >> the game you're playing is small ball. you're talking about raising rates on the top 2% that would run the government for 11 days. you just got re-elected. how about doing something big that's not liberal. how about doing something big that really is about partisan. every big idea he has is a liberal idea that drowns us in debt. how about manning up here, mr. president. >> joining me is congressman chris van holland, a ranking member in the house committee. >> good to be with you. >> we're hearing there from lindsey graham his thoughts on fox news and this morning former governor haley barbour was on "morning joe" today and said he would support the higher taxes for the wealthy if -- >> as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out
on so-called fiscal cliff. he's been with the president and the speaker on the bargaining table. some republicans are continuing to push back against president obama's red line. tax increases for the most wealthy. >> the game you're playing is small ball. you're talking about raising rates on the top 2% that would run the government for 11 days. you just got re-elected. how about doing something big that's not liberal. how about doing something big that really is about partisan. every big...
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and john boehner are just spoke to reporters on capitol hill, on the so-called fiscal cliff negotiations and the economy, including this morning's release on the november jobs numbers. here are his comments. >> good morning, everyone. this is not a progress report, because there is no progress to report. when it comes to the fiscal cliff threatening the economy and jobs, the white house has wasted another week. eight days ago the treasury secretary came here to offer a plan that had twice the planned tax hikes the president campaigned on. more stimulus spending than the added cuts, and did and didn't but net -- in definite increase on the debt limit. four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no counter offer from the white house. instead, records indicate the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. intent of reforming the tax code, the president wants to raise tax rates. even if the president got the tax rate hikes he wanted, und
and john boehner are just spoke to reporters on capitol hill, on the so-called fiscal cliff negotiations and the economy, including this morning's release on the november jobs numbers. here are his comments. >> good morning, everyone. this is not a progress report, because there is no progress to report. when it comes to the fiscal cliff threatening the economy and jobs, the white house has wasted another week. eight days ago the treasury secretary came here to offer a plan that had twice...
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Dec 10, 2012
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get a droid razr m by motorola for $49.99. >>> this is fox 5 news at 10:00. >>> fiscal cliff is looming just a few weeks away and as we inch closer to the january 1st deadline, president obama and house speaker john boehner are sitting down for more negotiations. today the two met behind closed doors and focused on trying to hammer out a deal over tax hikes and spending cuts. president obama's core demand is putting the top marginal income rates back to clinton era levels after december 1st while the house speaker delivered a proposal that offered up to $800 billion in new revenue from closing loopholes and capping deductions for wealthier americans. however, democrats insist the speaker's plan is not enough. >> fox 5 political analyst mark plotkin joining us now to help sort out what went on between the president and house speaker john boehner today. it was looking pretty hopeless friday, now this, so what has actually changed? >> this is actual progress. you remember house speaker boehner said i'm here to give you a progress report. that was on friday, no progress and now they're actu
get a droid razr m by motorola for $49.99. >>> this is fox 5 news at 10:00. >>> fiscal cliff is looming just a few weeks away and as we inch closer to the january 1st deadline, president obama and house speaker john boehner are sitting down for more negotiations. today the two met behind closed doors and focused on trying to hammer out a deal over tax hikes and spending cuts. president obama's core demand is putting the top marginal income rates back to clinton era levels...
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the fiscal cliff is the maximum of what ghkts want. you've got howard dean saying we need to raise taxes on everybody, not just the rich. steny hoyer says the same thing. i think republicans have a better handle on the other side, but it's the democrats in transition on the mechanism. >> more on this story coming up. erick, donna, david, guys thank you. authorities trying to catch up with technology. in this case it's all about text messages and finding a way to use them against criminals. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 tha
the fiscal cliff is the maximum of what ghkts want. you've got howard dean saying we need to raise taxes on everybody, not just the rich. steny hoyer says the same thing. i think republicans have a better handle on the other side, but it's the democrats in transition on the mechanism. >> more on this story coming up. erick, donna, david, guys thank you. authorities trying to catch up with technology. in this case it's all about text messages and finding a way to use them against...
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what does he think about republicans negotiating for president obama on the fiscal cliff? like a lot of other things for alan west, it all comes down to socialism. here is what he told radio host mark levin. >> i think this whole thing about having negotiations with president obama is silly. president obama is marxist, socialist, rigid ideologue, and for whatever reason he believes he has some self-conceived mandate to go out and further destroy and ruin our economy. >> so if you have any lingering nostalgia for the clown show, that should kill it. west still thinks, by the way, his opponent patrick murphy somehow cheated in order to win the race. >> the most important thing everyone has to understand is that my voice is not going to be lost. we will -- we've gotten a lot of opportunities, a lot of offers, and we're going to make sure that we continue to have that platform. i'm not going away just because of a congressional race where he had to to cheat to beet me. >> west campaign's spent about $18 million in his bid for re-election, more than four times what his opponent
what does he think about republicans negotiating for president obama on the fiscal cliff? like a lot of other things for alan west, it all comes down to socialism. here is what he told radio host mark levin. >> i think this whole thing about having negotiations with president obama is silly. president obama is marxist, socialist, rigid ideologue, and for whatever reason he believes he has some self-conceived mandate to go out and further destroy and ruin our economy. >> so if you...
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cliff negotiations which are ongoing. republican senators have spoken to people in the white house today. this is no serious way to negotiate out here on the senate floor. at the end, the republican leader is complaining because president obama wants the rich to pay their fair share. and as usual, republicans are defending the rich, holding tax cuts for middle class hostage. at the first of the year, unless we work something out, the taxes will go up for people making less than $250,000 a year, an average of $2,200 each -- not per family -- each person. the senate has already passed the centerpiece of president obama's offer. and his offer has always been the same. we are not going to go through the same thing we've gone through here for years where we lay out different ways to cut spending, and there's never any revenue. the president has made it very, very clear. we have already passed the president's proposal. that is to make sure that people making less than $250,000 a year are not burdened with $2,200 each after the
cliff negotiations which are ongoing. republican senators have spoken to people in the white house today. this is no serious way to negotiate out here on the senate floor. at the end, the republican leader is complaining because president obama wants the rich to pay their fair share. and as usual, republicans are defending the rich, holding tax cuts for middle class hostage. at the first of the year, unless we work something out, the taxes will go up for people making less than $250,000 a year,...
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cliff talks, so how will the negotiations now affect the party's efforts to rebrand itself after losing the presidential election? roger simon is politico's chief political columnist and joins me now. great to see you again. thanks for being here. >> thank you. >> they're going in against real headwinds. the president having 38% support in his positions. john boehner, only 19%. more than three-quarters of those polled agree with the president's bargaining position about upper income -- >> the republican party has a lot of problems. i mean, three big ones. your poll asks people to pick words to describe the republican party. they picked bad, broken, weak and lost. those aren't the greatest words. >> that's not a bumper sticker you want. >> the second is the hand that they're playing. if they get what they want, they get no tax increases for millionaires and billion aurs and cuts to medicare, medicaid, and social security. is it a great land to play for 2014? thirdly, they just don't have a leader. i mean, who is the leader of the republican party? i guess john boehner comes the closest,
cliff talks, so how will the negotiations now affect the party's efforts to rebrand itself after losing the presidential election? roger simon is politico's chief political columnist and joins me now. great to see you again. thanks for being here. >> thank you. >> they're going in against real headwinds. the president having 38% support in his positions. john boehner, only 19%. more than three-quarters of those polled agree with the president's bargaining position about upper income...
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. >>> the looming fiscal cliff 22 days away. we'll go inside the negotiations with two top leaders in just a moment, but i want to start with the ongoing crisis in syria where the assad government is cracking down on its own people. and this week something significant happened. the president signalled a big potential shift in u.s. involvement there. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences, and you will be held accountable. >> nbc chief foreign correspondent richard engel is here to bring us more on what is a developing story. >> reporter: david, despite increasing criticism and warnings, the government of bashir al assad is revving up its activities. this area was bombed last night. regarding chemical weapons, commanders we have spoken to are very concerned that the government could use chemical weapons. they are complete
. >>> the looming fiscal cliff 22 days away. we'll go inside the negotiations with two top leaders in just a moment, but i want to start with the ongoing crisis in syria where the assad government is cracking down on its own people. and this week something significant happened. the president signalled a big potential shift in u.s. involvement there. >> i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is...
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Dec 13, 2012
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first we want to start with the fiscal cliff. how close do you think we are to negotiations? i mean it's getting a little bit ridiculous almost. we start looking at whether people are talking, not making any press statements, how their press releases look and whether they're meeting at all and how the vibe is in the capitol. all of these things are silly to look at but that's kind of what we have at this point. >> good morning, soledad, thanks fo for having me on. obviously it's hard to know. i had a chance last week along with a number of other governors, democrats and republicans, to meet with the president and separately with speaker boehner and separately with leader reid to talk about the fiscal cliff from the perspective of governors. and we were very grateful they gave us an opportunity, they invited us to have a seat at the table as they are considering different options. but one of the things i've seen certainly since i'm in asia as well as back home is when you talk to business leaders, they're really looking for some certainty here. that's the key issue, because we
first we want to start with the fiscal cliff. how close do you think we are to negotiations? i mean it's getting a little bit ridiculous almost. we start looking at whether people are talking, not making any press statements, how their press releases look and whether they're meeting at all and how the vibe is in the capitol. all of these things are silly to look at but that's kind of what we have at this point. >> good morning, soledad, thanks fo for having me on. obviously it's hard to...
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Dec 9, 2012
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on today's network tv talk shows, the topics include the so-called fiscal cliff and the negotiations between the white house and congress and the situation in the middle east. you could hear all the shows on cspan radio beginning at noon eastern. first is meet the press with senator dick durbin and kevin mccarthy. at 1:00 p.m., pierre abc's of this week with republican senator tom coburn and democratic senator debbie stabenow. the chair like to the house financial services committee, jeb hensarling and congressional progress of caucus co-chair. at 2:00 p.m. is fox news sunday with chris wallace and chuck schumer. and republican senator bob corker. also on the program is the israeli a bastard to the united states. cnn's state of the union follows and welcomes the managing director of the international monetary fund, christine lagarde. at 4:00 p.m., here "face the nation"where they talked with alan simpson and erskine bowles. also on the program, an interview with cory booker. the sunday network tv shows are repairing here on c-span at noon -- here on cspan radio. listen to them all on
on today's network tv talk shows, the topics include the so-called fiscal cliff and the negotiations between the white house and congress and the situation in the middle east. you could hear all the shows on cspan radio beginning at noon eastern. first is meet the press with senator dick durbin and kevin mccarthy. at 1:00 p.m., pierre abc's of this week with republican senator tom coburn and democratic senator debbie stabenow. the chair like to the house financial services committee, jeb...
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Dec 11, 2012
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we're going to have a fight on the fiscal cliff. another on the debt ceiling. it's destroying confident in the markets and what bothers me, larry, you know the subprime crisis hit like that. there was no warning. we could have another one like that. >> somebody has to control spending. i think the debt ceiling over a period of time is one way to do it. i'm sorry to you both. i have to get out of here. >> only roughly 800 billion apart. they can come together and solve it. >> i think the main tax -- >> for the good of the country. i'm probably not going to like the deal but that's probably what will happen. >> thank you so much. quick programming note. i will come to you life from our nation's capital tomorrow night as part of cnbc's special all day coverage. rise above, mission critical. now how do you like this scenario? the u.s. government using our tax money to build up an electric battery firm but after it fails the company sells out to a chinese outfit who takes advantage of our own taxpayer dollars. now producing for japan. there is something wrong with t
we're going to have a fight on the fiscal cliff. another on the debt ceiling. it's destroying confident in the markets and what bothers me, larry, you know the subprime crisis hit like that. there was no warning. we could have another one like that. >> somebody has to control spending. i think the debt ceiling over a period of time is one way to do it. i'm sorry to you both. i have to get out of here. >> only roughly 800 billion apart. they can come together and solve it. >> i...
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Dec 5, 2012
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. >> at these fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem. it has a spending problem. and under this administration, under president obama, we have seen record deficits and a record debt accumulate and yet he keeps demanding that we raise taxes in order to pay for more spending. this will only hurt our economy, ernston young has done an analysis of the president's proposal. and said that it would cost 700,000 jobs, at a time when our economy continues to struggle. there's a better way and the speaker has laid it out. it is an approach that calls for tax refoach. -- reform. by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. this is our opportunity to do the big things. this is our moment to provide that leadership that america desperately wants. and we stand here ready to take the action necessary. >> american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem.
. >> at these fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem. it has a spending problem. and under this administration, under president obama, we have seen record deficits and a record debt accumulate and yet he keeps demanding that we raise taxes in order to pay for more spending. this will only hurt our economy, ernston young has done an analysis of the president's proposal. and said that it would cost...
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Dec 6, 2012
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it will be part of the package that will include not going over the fiscal cliff. i did talk to the president about these matters. >> [inaudible] can you give us a concrete sense of for this negotiation stand right now? what is really going on? >> maybe they are not talking enough. there is no reason why we could not come to the table and get this done right now. everybody knows what the elements are. if we're going to do it, let's do it now. if we're not going to do it, we will not touch one hair on the head of the wealthiest people in our country, then let us know that right now, too. we can take the consequences of that and mitigate for that. >> $800 billion -- >> i see their proposal on an assault on the middle class and on our seniors and on the future. should we come -- have a stake that out -- they staked that out? it was not in furtherance of finding common ground. >> [inaudible] i wonder what your thoughts are. but the meeting might be for the republicans and for the future of the tea party movement. >> that is quite a question. we all does found out this
it will be part of the package that will include not going over the fiscal cliff. i did talk to the president about these matters. >> [inaudible] can you give us a concrete sense of for this negotiation stand right now? what is really going on? >> maybe they are not talking enough. there is no reason why we could not come to the table and get this done right now. everybody knows what the elements are. if we're going to do it, let's do it now. if we're not going to do it, we will not...